In the Democratic Republic of Congo, Manono hosts one of the world's largest lithium deposits. While legal disputes have slowed down the exploitation of this deposit, AJN Resources has begun exploration in the same region, hoping to identify another deposit.
AJN Resources, a Canada-based mining company, has started a reverse circulation (RC) drilling program on its Manono Northeast project in the Democratic Republic of Congo. The firm announced the works to find lithium and tin on May 31, 2024. Hub Drilling Limited, a South African company, carries out the work.
According to Klaus Eckhof, CEO of AJN Resources, the RC drilling program will help the firm better understand the geological structures and potential mineralization at deeper levels within its license area. AJN Resources, he added is “looking forward to deepening its knowledge through further detailed drilling, sampling, and analysis.”
The Manono Northeast project is situated near the Manono deposit, estimated to contain at least 400 million tonnes of mineral resources containing 1.65% lithium. However, the Manono project is currently embroiled in a legal dispute, which has slowed down its exploitation. Being close to the Manono deposit, AJN Resources hopes to find a viable lithium deposit in the area.
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
$500 million IDA credit to support small farmers and agribusiness Project targets key crops including rice, maize, cassava, and soy Initiative aims...
Stéphane Richard joins MTN board as independent non-executive director Appointment signals focus on governance and long-term strategy Move comes as...
Net profit jumps 117% to $183 million, driven by subsidiaries Lower credit risk and controlled costs boost earnings Bank strengthens balance...
African banking revenue surpasses $100 billion, with strong profitability Growth driven more by favorable conditions than operational...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...